Boeing Seeks FAA Emissions Waiver to Sell 35 Additional 777F Freighters

The logo of Boeing is seen at the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2025. REUTERS/Benoit Tessier/Pool
The logo of Boeing is seen at the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2025. REUTERS/Benoit Tessier/Pool
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Boeing Seeks FAA Emissions Waiver to Sell 35 Additional 777F Freighters

The logo of Boeing is seen at the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2025. REUTERS/Benoit Tessier/Pool
The logo of Boeing is seen at the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2025. REUTERS/Benoit Tessier/Pool

Boeing on Friday asked the Federal Aviation Administration for a waiver of airplane emissions rules to allow ​it to sell another 35 Boeing 777F freighters, citing strong customer demand and a delay in the next-generation plane's certification.

The rules take effect in 2028. Boeing said the next-generation 777-8 Freighter, which is expected to comply with the limits, will not be ready until after that date. Boeing said the waiver would allow it to meet anticipated customer demand ‌for cargo planes ‌prior to the 777-8F entering ‌service. Boeing ⁠said ​it was ‌seeking approval by May 1.

The company has said it expects to deliver the first 777-8F approximately two years after the first delivery of the 777-9, which is currently targeted for 2027, according to Reuters.

Under then-President Joe Biden, the FAA in February 2024 issued final rules adopting international standards to reduce carbon pollution from most large ⁠airplanes flying in US airspace. The rules do not apply to airplanes in ‌service before that date. Boeing said large ‍widebody freighters are crucial ‍to the export of goods.

"Of the $600 billion in goods exported ‍by air cargo in 2024, more than $260 billion were transported on large widebody freighters," Boeing said. It added that each 777F aircraft exported to a foreign customer contributes $440 million at catalog value to a positive ​trade balance, indicating that more than $15 billion worth of US export value could be lost without an exemption. Boeing ⁠said the 777F is the most fuel-efficient airplane for the global freight market and the only large widebody freighter in production.

Last year, Congress passed legislation allowing Boeing to continue to produce its 767 freighter for another five years through 2033 in the United States, exempting it from the FAA efficiency rules taking effect in 2028. Last year, the FAA said civil aircraft were responsible for 9% of domestic transportation emissions and 2% of total US carbon pollution. Under Biden, the US unveiled a ‌climate action plan aiming to achieve net-zero greenhouse gas emissions from the US aviation sector by 2050.

 

 

 



Vision 2030: The Story of Transformation from Traditional Management to Global Digital Leadership

Vision 2030: The Story of Transformation from Traditional Management to Global Digital Leadership
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Vision 2030: The Story of Transformation from Traditional Management to Global Digital Leadership

Vision 2030: The Story of Transformation from Traditional Management to Global Digital Leadership

Saudi Arabia has embarked on a path of digital transformation and a knowledge-based economy as part of Vision 2030, relying on an advanced digital infrastructure and a knowledge base accumulated over many years, which has enhanced its ability to compete in future economies.

This transformation has been driven by a national ambition to diversify the economy, create new job opportunities, and empower youth through building an integrated system that supports innovation, research, and technology.

Paperless Government

As part of this transformation, the Kingdom adopted a "paperless government" policy, which aimed to facilitate beneficiaries' access to government services through unified digital platforms covering various sectors such as justice, health, tourism, investment, housing, logistics, and real estate, among others.

This approach contributed to reducing and simplifying procedures, enabling beneficiaries to complete their transactions without the need for personal presence, whether they are citizens, residents, investors, or visitors, as stated in the Vision 2030 Annual Report for 2025.

Comprehensive Government Program

The Digital Government Authority also launched the Comprehensive Government program in 2022, aiming to accelerate digital transformation, enhance integration among government entities, and provide an integrated digital experience that simplifies the beneficiary's journey and increases the efficiency of government resource utilization in the digital space.

This has been reflected in several qualitative successes, most notably the Balady platform, which contributed to the closure of 37 government platforms with an achievement rate exceeding 80 percent, in addition to the Logisti platform, which offers over 200 services, and the Sehaty platform, which serves more than 30 million beneficiaries.

Global AI Hub

In the field of artificial intelligence, the Kingdom has solidified its position as an advanced global hub, leveraging the availability of energy, digital infrastructure, and data centers, making it an attractive destination for AI technologies.

Humain company was launched as an integrated national project aimed at localizing artificial intelligence technologies, developing large language models that support Arabic content, and operating advanced applications in data centers; including AI technologies in Dammam.

Investments are also being made in building human capabilities by integrating artificial intelligence into educational curricula and launching training programs targeting students and national talents, thereby enhancing the readiness of future generations.

Humain Company

Humain was launched in 2025 and is developing advanced AI solutions, including a smart Arabic assistant, leading language models, a fully AI-powered operating system, in addition to devices and technologies developed within the Kingdom, serving hundreds of thousands of users. The number of active users exceeds 300,000, and its services extend to 5 different markets, supporting over 150 digital applications and services.

Digital Transformation of the Judicial Sector

In the judicial sector, digital services have undergone a qualitative leap, offering over 160 electronic services that saved approximately 90 million papers annually and eliminated 65 million visits. This is in addition to the digitization of more than 200 million real estate documents and the implementation of electronic litigation, which reduced the duration of cases by 79 percent, alongside the launch of Virtual Court and Virtual Notary Public.

This development is based on an advanced digital infrastructure and a secure, reliable digital space, which has led the Kingdom towards a more advanced stage that goes beyond merely providing services to enhancing user experience and eliminating complexity.

Digital and Knowledge-based Economy

In terms of the digital and knowledge-based economy, the Kingdom has established its position as one of the strongly emerging economies of the future, through developing an integrated legislative and institutional system. This included the establishment of the Saudi Authority for Intellectual Property, the Research Development and Innovation Authority, and the Saudi Space Agency, in addition to reorganizing the Communications, Space & Technology Commission, establishing the National Information Technology Development Program, and enhancing the role of research and innovation centers such as King Abdullah University of Science and Technology (KAUST) and King Abdulaziz City for Science and Technology (KACST).

Digital Security

A national framework was also established to enhance the security of the digital space as part of national security, contributing to economic and social stability, empowering technology companies, and fostering the growth of digital services.

This was supported by the establishment of the Saudi Data and Artificial Intelligence Authority (SDAIA) and the National Cybersecurity Authority, in addition to international initiatives such as the Child Protection in Cyberspace Initiative; all of which contributed to strengthening the Kingdom's global leadership in technology, artificial intelligence, and cybersecurity.

Digital Economy Market

Economic indicators reflect the scale of this transformation, as the size of the digital economy market in the Kingdom reached 745.98 billion Saudi Riyals ($198.9 billion), while the size of the communications and information technology market reached 199 billion Saudi Riyals. Several Saudi technology companies have emerged as billion-dollar enterprises signifying the growth and accelerated maturity of the digital sector.

Leading Positions in Global Indices

Advanced international indicators reflect the Kingdom's position in the digital and technical fields, where it ranked first globally in the Telecommunication and ICT Development Index, and first globally in the Cybersecurity Index for the second consecutive year according to the Global Competitiveness Report. It also led globally in empowering women in artificial intelligence, according to the Stanford index.

Saudi Arabia ranked first globally in the Digital Readiness Index 2025, issued by the International Telecommunication Union.

Regionally, the Kingdom ranked first in the AI Safety Index, while achieving 11th place globally. It also led regionally in the Shaheen III supercomputer, ranking 18th globally.
The Kingdom ranked first regionally in government readiness for artificial intelligence, according to the Oxford Insights report.

Globally, the Kingdom achieved second place in the Digital Government Maturity Index, third globally in the growth rate of AI jobs, and also third globally in the number of leading AI models, according to the Stanford index, in addition to being among the 7 countries worldwide that have published leading AI models.

It also ranked second among G20 countries in the Telecommunications and Technology Sector Regulatory Development Index, sixth globally in the E-Government Development Index, and 20th globally in the Quality Infrastructure for Sustainable Development Index.


PIF: The Cornerstone of a Sustainable Economy Under Saudi Vision 2030

The Public Investment Fund Tower in King Abdullah Financial District in the Saudi capital, Riyadh (KAFD)
The Public Investment Fund Tower in King Abdullah Financial District in the Saudi capital, Riyadh (KAFD)
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PIF: The Cornerstone of a Sustainable Economy Under Saudi Vision 2030

The Public Investment Fund Tower in King Abdullah Financial District in the Saudi capital, Riyadh (KAFD)
The Public Investment Fund Tower in King Abdullah Financial District in the Saudi capital, Riyadh (KAFD)

With confident strides and a proactive vision, the Public Investment Fund (PIF) is leading the major economic diversification journey, creating opportunities and redrawing the national investment map.

Through its ambitious strategy, which entered its third phase in 2026, the Fund has succeeded in establishing an integrated ecosystem of major companies and projects that form the cornerstone of building a sustainable economy.

The current work not only aims for financial growth but also seeks to empower the private sector and open unprecedented horizons for advanced industries and sophisticated infrastructure.

Roots and Historical Transformation

Since its establishment in 1971, the Fund has solidified its position as one of the most prominent strategic engines in Saudi Arabia's economic transformation, by supporting national development, financing major projects, and establishing national companies that contributed to building an economic base extending for decades.

With the launch of Vision 2030, the Fund's role shifted from a traditional financing entity to an investment arm driving economic diversification, boosting the growth of non-oil sectors, and reshaping the investment landscape through distinctive local and international partnerships.
This transformation has made it one of the Kingdom's most crucial tools for attracting opportunities and consolidating its economic presence on a global scale.

Phases of Strategic Transformation

PIF's work within Vision 2030 unfolded through three consecutive phases characterized by integration and evolution.

The first phase extended until 2020, focusing on institutional restructuring, integrating the Fund into Vision realization programs, and launching an ambitious strategy aimed at developing ten strategic sectors, alongside updating regulatory frameworks to enhance investment efficiency.

The second phase, spanning from 2021 to 2025, saw a significant expansion in the Fund's scope of work, targeting investments in 13 strategic sectors and accelerating the implementation of mega-projects.

During this phase, distinctive projects such as Diriyah, The Red Sea Project, and Qiddiya emerged, contributing to strengthening the Kingdom's position as a global destination for tourism and investment.

Upon entering the third phase in 2026, the Fund refocused its strategy to encompass six key sectors: tourism, travel and entertainment; urban development and regeneration; advanced industries and innovation; industry and logistics services; clean and renewable energy and water infrastructure; and NEOM.

This includes strengthening the private sector's role in operating mega-projects and capitalizing on growing investment opportunities, reflecting a transition towards a more mature and sustainable economic model.

Tangible Economic Outcomes

These phases have yielded significant economic results, with the Fund's assets under management substantially doubling to 3.41 trillion Saudi Riyals ($909.3 billion) in 2025. Non-oil GDP rose to historic levels, with the Fund's contribution reaching approximately 10 percent. It also contributed to creating over one million direct and indirect job opportunities since 2018, in addition to enabling the private sector to participate in diverse strategic projects.

Future Investment Initiative

The Public Investment Fund has enhanced its international presence by building strategic partnerships and attracting global capital. The Future Investment Initiative (FII), launched by the Fund, has also become an annual international platform bringing together economic leaders, investors, and experts to discuss the future of investment and global challenges, making it one of the most prominent economic events worldwide.

This presence has contributed to cementing the Kingdom's position as an influential hub in the global economy, in addition to enhancing the Fund's brand value, which has become among the fastest-growing sovereign wealth funds globally, thanks to its investment performance and adoption of governance and sustainability standards.

Empowering the Private Sector

The Fund has placed significant emphasis on empowering the private sector, working to create extensive investment opportunities for local companies, including small and medium-sized enterprises (SMEs), by increasing local content and expanding economic partnerships. This has contributed to raising the private sector's contribution to the economy to approximately 51 percent.

PIF has also launched supporting initiatives such as the Private Sector Forum, the Private Sector Hub, and training and qualification programs like the Musahemah program, the Industrial Business Accelerator, and the Azm program, all of which have helped build a more competitive and sustainable business environment.

Sustainability and Green Economy

The Fund has moved to bolster sustainability as part of its investment strategy, becoming one of the first sovereign wealth funds to issue green bonds. This path began in 2022 with the issuance of the first green bond, followed by a second in 2023, and a new one in 2025.

The proceeds from these issuances totaled approximately $9 billion, directed towards 91 environmental projects in renewable energy, energy efficiency, green buildings, and water management. This contributes to reducing emissions by about 10.1 million tons of carbon dioxide, supporting the net-zero target.

Investment Environment

The investment environment in the Kingdom has undergone a radical transformation with Vision 2030, through regulatory and legislative reforms including the new Investment Law, the Bankruptcy Law, the TAYSEER program, and the establishment of the National Competitiveness Center and the Small and Medium Enterprises General Authority.

This has contributed to enhancing the Kingdom's investment attractiveness, with the value of non-oil investments rising to approximately 797 billion Saudi Riyals ($212.5 billion), and the contribution of investment to the economy increasing from 22 percent to 30 percent.

Furthermore, the private sector's contribution to total investments has grown to 76 percent, making it the largest driver of economic growth.

PIF continues to play its role as a key driver in reshaping the Saudi economy, leading the transformation towards diversification and sustainability, and enhancing the Kingdom's position as a global investment destination capable of competing and influencing the global economy.


China Condemns EU’s Inclusion of Chinese Entities in Sanctions Package Against Russia

People gather at the Beijing International Automotive Exhibition (Auto China), in Beijing, China April 24, 2026. (Reuters)
People gather at the Beijing International Automotive Exhibition (Auto China), in Beijing, China April 24, 2026. (Reuters)
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China Condemns EU’s Inclusion of Chinese Entities in Sanctions Package Against Russia

People gather at the Beijing International Automotive Exhibition (Auto China), in Beijing, China April 24, 2026. (Reuters)
People gather at the Beijing International Automotive Exhibition (Auto China), in Beijing, China April 24, 2026. (Reuters)

China's commerce ministry on Saturday expressed "firm opposition" to the European Union's inclusion of Chinese entities in its 20th round of sanctions against Russia, demanding their immediate removal from ‌the list.

The ‌EU sanctions ‌package ⁠targets third-country suppliers ⁠of critical high-tech items, including China-based entities accused of providing dual-use goods or weapons systems to Russia's military-industrial ⁠complex.

The move "runs counter ‌to ‌the spirit of the ‌consensus reached between Chinese ‌and EU leaders, and seriously undermines mutual trust and the overall stability of ‌bilateral relations", a spokesperson for China's commerce ⁠ministry ⁠said in a statement.

The ministry warned it would take "necessary measures" to protect Chinese companies and said "all consequences will be borne by the EU side," the statement added.